Microfinance: equity and debt contracts
We offer an explanation, drawn from first principles, of the belief that the consumption needs of the asset-poor are best met by debt contracts, whereas equity arrangements are tailored to the financing requirements of poor entrepreneurs.
Year of publication: |
2009
|
---|---|
Authors: | Correa, Amelia ; Correa, Romar |
Published in: |
Applied Economics Letters. - Taylor & Francis Journals, ISSN 1350-4851. - Vol. 16.2009, 8, p. 859-862
|
Publisher: |
Taylor & Francis Journals |
Saved in:
freely available
Saved in favorites
Similar items by person
-
A Structural Case for International Cooperation
Correa, Romar, (2003)
-
Basics, non-basics, money and credit : a development perspective
Correa, Amelia, (2004)
-
The dynamic inefficiency of financial capitalism
Correa, Amelia, (2009)
- More ...